This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.Need a new registration confirmation email? Click here

Deckers Outdoor Rises On Unusually High Volume (DECK)

NEW YORK (
TheStreet) --
Deckers Outdoor Corporation (Nasdaq:
DECK) is trading at unusually high volume Friday with 6.7 million shares changing hands. It is currently at four times its average daily volume and trading up $2.52 (+6%) at $44.65 as of 3 p.m. ET.

Deckers Outdoor has a market cap of $1.57 billion and is part of the
consumer goods sector and
consumer non-durables industry. Shares are down 44.3% year to date as of the close of trading on Thursday.

Deckers Outdoor Corporation engages in the design, manufacture, and marketing of footwear and accessories for outdoor activities and casual lifestyle use for men, women, and children. The company has a P/E ratio of 8.5, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Deckers Outdoor as a
hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full
Deckers Outdoor Ratings Report.